compounded half-yearly.
4. Calculate the amount and the compound interest on 10000 for 6 months at 12% per annum,
compounded quarterly.
Answers
Answered by
1
Step-by-step explanation:
P=Rs. 10000
T=12 months=1year
R=10% p.a
Compounded quarterly
∴n=4
A=P(1+
n
R
)
nT
=10000[1+
4
10
]
4×1
=10000×(
4
14
)
4
=10000×(
2
7
)
4
=
2×2×2×2
10000×7×7×7×7
A=Rs. 1500625
Compound Interest=Amount−P
=Rs. (1500625−10000)
=Rs. 1490625
Answered by
1
Answer:
P=Rs. 10000
T=12mon =1 year
R=10% p.a.
Compounded half yearly
n=2
∴A=P[1+
n
R
]
nT
=10000[1+
2
10
]
2×1
=10000[
2
12
]
2
=10000×6×6
A=360000
C.I=A−P
=Rs. (360000−10000)
=Rs. 260000.
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